Heineken (OTCMKTS:HEINY) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Heineken NV (OTCMKTS:HEINYGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $41.39 and traded as low as $40.18. Heineken shares last traded at $40.20, with a volume of 145,099 shares traded.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on HEINY shares. UBS Group raised shares of Heineken to a “strong-buy” rating in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft raised shares of Heineken from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to data from MarketBeat.com, Heineken presently has a consensus rating of “Strong Buy”.

Get Our Latest Stock Analysis on Heineken

Heineken Stock Down 1.1%

The company’s 50 day simple moving average is $39.88 and its two-hundred day simple moving average is $41.39. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.75.

Heineken Company Profile

(Get Free Report)

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.

Further Reading

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